Modern 3-storey School-utility Building On 1200sqm

Listing title
For Sale --- Modern 3‑Storey School Building on Two Plots 1,209 sqm
Survey - Receipt - Deed
₦80,000,000

Overview: A sturdy, modern three‑storey educational building offered for sale on two adjoining plots (total site area 1,209 sqm). Constructed to a high standard and operating with a registered school licence, the asset provides a rare, ready‑made opportunity for an owner‑occupier institution or for conversion to a wide range of commercial, institutional or mixed‑use purposes. All key ownership documents (Survey, Receipt and Deed) are available for inspection by qualified buyers.

Property summary

- Asset type: Purpose‑built 3‑storey school building (solid construction)
- Site area: 1,209 sqm (two plots sold together)
- Title & documents: Survey plan, Receipt and Deed --- available to qualified buyers and solicitors
- Licence: Registered school licence in place (copy available on request)
- Asking price: ₦80,000,000 (Eighty million Naira)
- Availability: Immediate --- sale or long‑term lease options considered

Building description & practical features

- Three well‑configured floors offering multiple classroom/lecture spaces and administrative accommodation (detailed floor plan available on request).
- Dedicated reception/administration area and staff rooms providing immediate operational capacity.
- Assembly / multipurpose hall adaptable for events, conferences or open‑plan workspace.
- Service areas including toilets, stores, pantry/kitchen provision and utility rooms.
- Robust structural construction suitable for adaptive reuse --- MEP backbone in place (electrical, plumbing and drainage).
- External space across two plots allows for parking, landscaping, play/assembly areas or future expansion.
- Secure perimeter and discrete entrance --- suitable for institutional uses requiring privacy and control.

Flexible reuse & highest‑value applications
The building's structure and layout make it well suited to a broad range of alternative uses (subject to statutory planning and regulatory approvals):

- Private school, nursery, college or vocational training centre (existing licence simplifies transition)
- Corporate training & conference centre or head office with on‑site class/meeting rooms
- Medical or diagnostic centre, outpatient clinic or wellness facility
- Co‑working / serviced office hub, innovation centre or business incubator
- Affordable student or staff accommodation / hostel conversion (subject to approvals)
- Community centre, events venue or cultural facility
- Light‑industrial R&D, laboratory or studio space where compatible with planning

Title, licence & documents

- Ownership pack: Survey plan, official receipt and Deed of Assignment (or equivalent) available for solicitor review.
- Registered school licence currently in force --- details and transferability to be discussed with relevant regulatory authority.
- Buyers should instruct solicitors to run the usual title searches and to advise on licence transfer and any change‑of‑use requirements.

Due diligence checklist (recommended)

- Legal: Verify Deed and chain of title; check for encumbrances, outstanding rates or statutory obligations.
- Technical: Structural, electrical and plumbing survey; roof and MEP inspection; asbestos check if applicable.
- Planning: Confirm permitted uses and change‑of‑use requirements with the local planning authority for any intended conversion.
- Services: Verify power supply, water source and capacity, drainage, telecom connectivity and any estate/service charges.
- Operational: Inspect licence terms and any conditions attached to the school registration.

Sale process & viewing

- Viewings: By appointment only for pre‑qualified buyers. Proof of funds and buyer identification required prior to release of full documentation and site access.
- Offers: Submit a Letter of Intent (LOI) together with proof of funds. Shortlisted buyers will receive the full dossier and be invited for inspection.
- Transfer: Sale will proceed via solicitor‑led conveyancing. Buyers should budget for legal fees, stamp duty and registration costs.

Note: All particulars are provided in good faith. Prospective buyers must undertake independent legal, technical and financial due diligence prior to any commitment. Any intended change of use is subject to statutory approvals.

Ref: Efosa